Stagflation With a Small S

There are two concepts, or therre and this, again gets back to narratives, is that there's different definitions of stagflation. The stag flation story that a lot of people talk about is a long term concept of demographics. And agine insteard of the stagflation that we may have seen in the eighties, where there's the maleys with the with a big energy crisis and na higher inflation. Ah, so that we'll call that stag flation with a big s. I think that what we're really seeing now,. is staglation with a small s, which means is that inflation is higher than what people expect. So it's higher than than expectations we

Transcript

Play full episode

Transcript

Episode notes

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

Get the app